Legislation

Title: Retirement Tax Elimination Act of 2023
Sponsored by: Senators Hershey, Bailey, Carozza, Corderman, Folden, Gallion, Jennings, Mautz, McKay, Ready, Salling, Simonaire, and West
Status: In the Senate - Hearing 3/09 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for up to a certain amount each year for certain individuals who are receiving certain benefits under the Social Security Act or who are at least 65 years old and are not employed full-time; prohibiting income included in certain subtraction modifications from being included under the subtraction modification; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber Senate Calendar Date 2/03/2023 Legislative Date 2/03/2023 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/03/2023 Legislative Date 2/03/2023 Action Hearing 3/01 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Retirement Tax Elimination Act of 2023 Proceedings
Chamber Senate Calendar Date 2/23/2023 Legislative Date 2/23/2023 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/23/2023 Legislative Date 2/23/2023 Action Hearing 3/09 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2023	2/03/2023	First Reading Budget and Taxation
Senate	2/03/2023	2/03/2023	Hearing 3/01 at 1:00 p.m.
			Text - First - Retirement Tax Elimination Act of 2023
Senate	2/23/2023	2/23/2023	Hearing canceled
Senate	2/23/2023	2/23/2023	Hearing 3/09 at 1:00 p.m.

File Code

Subjects

Statutes